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With reference to India - Sri Lanka, consider the following statements:
1. Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province.
2. The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to India - Sri Lanka, consider the following statements...
Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province, six months after it bagged a strategic port terminal project in Colombo that it is now executing with majority stakes.
  • The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.
  • Both projects are in the Northern Province, where India objected to a Chinese energy project last year, citing proximity to the Tamil Nadu coast.
  • The agreement was inked the same day that the National Thermal Power Corporation (NTPC) of India and the Ceylon Electricity Board (CEB) agreed to set up a 100 MW solar power project in Sampur, in the eastern Trincomalee district.
  • Sri Lanka has a daily peak demand of over 2000 MW, and is currently experiencing a severe fuel and power shortage, resulting in right hour-long power cuts across the country that citizens’ groups have been protesting.
  • Sri Lanka is also in the midst of its worst economic crisis in years, prompting the government to tap assistance from different sources.
Hence both statements are correct.
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With reference to India - Sri Lanka, consider the following statements:1. Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province.2. The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to India - Sri Lanka, consider the following statements:1. Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province.2. The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to India - Sri Lanka, consider the following statements:1. Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province.2. The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to India - Sri Lanka, consider the following statements:1. Adani Group has signed a deal for two large power projects in Sri Lanka’s Northern Province.2. The two renewable energy projects, involving the Adani Group, were aimed at generating combined capacity of 500 MW, at a cost of $500 million.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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